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Author Question: When Congress passed a law that imposed a tax designed to fund its Social Security and Medicare ... (Read 148 times)

soccerdreamer_17

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When Congress passed a law that imposed a tax designed to fund its Social Security and Medicare programs it wanted employers and workers to share the burden of the tax equally.
 
  Most economists who have studied the incidence of the tax have concluded
  A) the tax rate should be greater for high-income workers than for low-income workers.
  B) the burden of the tax falls almost entirely on workers.
  C) the tax is not high enough to cover the future costs of Social Security and Medicare.
  D) the tax on employers is too high because it reduces the employment of low-skilled workers.

Question 2

Which of the following is an example of an activity undertaken by an entrepreneur?
 
  A) being appointed to the U.S. Supreme Court
  B) choosing the color scheme for your renovated kitchen
  C) being promoted to the position of Chief of Police
  D) starting your own snow cone business


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Cnarkel

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soccerdreamer_17

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


covalentbond

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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